OverviewSuggest Edit

Plantronics is an electronics company producing audio communications equipment for business and consumers. The Company's headsets are communications tools providing a hands-free connection to communication or entertainment devices, while also allowing freedom of movement for the users. Plantronics uses a variety of technologies to develop high-quality products that meet the needs of the customers, whether for communications or personal entertainment. Its headsets are widely used in applications such as Unified Communications, in contact centers, in the office, and in the home, with mobile devices and Internet telephony, for gaming, and for other specialty applications. Plantronics's major product categories include Enterprise, which includes corded and cordless communication headsets, audio processors, and telephone systems; and Consumer, which includes Bluetooth and corded products for mobile device applications, personal computer and gaming headsets, and specialty products marketed for hearing impaired individuals (through Clarity brand).

... Show more
TypePublic
Founded1961
HQSanta Cruz, US
Websiteplantronics.com
Employee Ratings2.3

Latest Updates

Employees (est.) (Feb 2019)4,003
Job Openings14
Revenue (FY, 2018)$856.9 M(-2%)
Share Price (Feb 2019)$47.1 (+3%)

Key People/Management at Plantronics

Joe Burton

Joe Burton

President & Chief Executive Officer
Alejandro Bustamante

Alejandro Bustamante

Senior Vice President of Operations
Marilyn Mersereau

Marilyn Mersereau

Senior Vice President, Marketing & Chief Marketing Officer
Pamela Strayer

Pamela Strayer

Senior Vice President & Chief Financial Officer
Show more

Plantronics Office Locations

Plantronics has an office in Santa Cruz
Santa Cruz, US (HQ)
345 Encinal Street
Show all (1)
Report incorrect company information

Plantronics Financials and Metrics

Plantronics Revenue

Embed Graph
View revenue for all periods
Plantronics's revenue was reported to be $856.90 m in FY, 2018 which is a 2.8% decrease from the previous period.
USD

Revenue (Q2, 2019)

483.1m

Gross profit (Q2, 2019)

152.6m

Gross profit margin (Q2, 2019), %

31.6%

Net income (Q2, 2019)

(86.7m)

EBIT (Q2, 2019)

(86.0m)

Market capitalization (13-Feb-2019)

1.9b

Closing stock price (13-Feb-2019)

47.1

Cash (30-Sep-2018)

291.1m
Plantronics's current market capitalization is $1.9 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

818.6m865.0m856.9m881.2m856.9m

Revenue growth, %

6%(1%)3%(3%)

Cost of goods sold

392.0m403.4m422.2m439.8m417.8m

Gross profit

426.6m461.6m434.7m441.4m439.1m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

194.0m212.7m216.7m215.8m231.8m206.4m215.0m225.7m223.1m216.2m232.9m203.9m210.3m226.5m221.3m483.1m

Cost of goods sold

94.4m102.4m102.0m98.0m111.9m99.0m104.0m116.2m110.0m105.7m122.8m100.6m102.7m112.4m111.5m330.4m

Gross profit

99.6m110.3m114.7m117.8m119.9m107.4m111.0m109.5m113.1m110.4m110.2m103.3m107.6m114.1m109.8m152.6m

Gross profit Margin, %

51%52%53%55%52%52%52%49%51%51%47%51%51%50%50%32%
Annual
USDY, 2010Y, 2011Y, 2012Y, 2013FY, 2014Y, 2014Y, 2015FY, 2016FY, 2017FY, 2018

Cash

350.0m277.4m209.3m228.8m232.7m232.7m276.9m235.3m302.0m390.7m

Accounts Receivable

138.3m138.3m136.6m128.2m141.2m152.9m

Inventories

57.1m55.5m68.3m

Current Assets

556.3m556.3m602.7m597.0m699.0m899.7m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

246.0m235.5m235.3m268.2m280.4m475.4m304.8m219.1m227.5m244.5m242.5m290.5m303.1m280.3m631.0m291.1m

Accounts Receivable

123.7m133.4m150.8m140.4m157.3m127.2m139.9m136.4m133.2m136.8m141.3m134.8m139.7m143.9m161.5m354.1m

Inventories

69.2m66.6m61.0m63.6m57.7m55.9m57.8m55.7m53.9m52.7m58.0m57.6m61.0m64.6m68.1m156.9m

Current Assets

577.4m553.1m565.6m592.2m623.0m805.3m659.1m612.4m612.6m639.9m645.6m715.4m734.4m727.0m930.1m874.3m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

112.4m112.3m68.4m82.6m(869.0k)

Depreciation and Amortization

15.6m18.7m20.1m21.0m21.2m

Inventories

1.4m(3.8m)(13.3m)

Accounts Payable

(6.3m)(62.0k)5.4m4.4m2.9m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

23.1m34.4m28.7m27.4m30.4m21.2m17.9m16.3m20.4m20.5m22.2m18.8m38.8m(10.7m)14.5m(72.2m)

Depreciation and Amortization

5.4m10.7m15.9m5.2m87.6m

Accounts Payable

36.8m38.9m33.2m38.4m43.2m39.7m46.8m42.8m40.7m989.0k3.2m2.8m5.7m20.6m

Cash From Operating Activities

12.9m49.3m81.4m32.1m72.6m
USDY, 2018

Financial Leverage

4.3 x
Show all financial metrics

Plantronics Operating Metrics

Plantronics's Customers was reported to be 500 in FY, 2017. Plantronics's Backlog was reported to be $18.6m in FY, 2017.
Show all operating metrics

Plantronics Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
PolycomMarch 29, 2018$2 b

Plantronics Revenue Breakdown

Embed Graph

Plantronics revenue breakdown by business segment: 26.9% from Consumer and 73.1% from Enterprise

Plantronics revenue breakdown by geographic segment: 25.4% from Europe and Africa, 12.3% from Asia Pacific, 56.3% from U.S. and 5.9% from Americas, excluding U.S.

Report incorrect company information

Plantronics Online and Social Media Presence

Embed Graph
Report incorrect company information

Plantronics News and Updates

Asia-Pacific Wireless Headsets Market 2013-2018 & 2023: Major Players for the $6.5 Bn Market are Bose, Sony, Plantronics and Sennheiser

DUBLIN, Jan. 21, 2019 /PRNewswire/ -- The "Asia-Pacific Wireless Headsets Market By Type (On-Ear Headsets & Earbuds), By Distribution Channel (Hypermarket/Supermarket, Multi-Branded Stores, Exclusive Stores & Online), By Country, Competition, Forecast & Opportunities, 2013-2023" report..…

Global Contactless Connectivity System Market outlook to 2025 | Industry Top Key Players – Vector Network Analyzers, Vision Technologies, Plantronics, CommScope, Amphenol,

Wiseguyreports.Com Adds “Contactless Connectivity System - Market Demand, Growth, Opportunities, Manufacturers and Analysis of Top Key Players to 2025” To Its Research Database Posted via Industry Today. Follow us on Twitter @IndustryToday

The Wall Street Journal: Plantronics settles unit’s foreign-bribery allegations for $36 million

Plantronics Inc. on Wednesday settled U.S. allegations of foreign-bribery violations at its Polycom unit, agreeing to pay $36 million in penalties while authorities declined to bring charges.

Plantronics to pay $36 million to settle SEC investigation into Polycom

Headsets maker Plantronics Inc said on Wednesday it has entered an agreement with the U.S. Securities and Exchange Commission to settle an investigation into Polycom Inc, which it acquired in July.

Plantronics Announces Closure of Polycom FCPA Investigation

SANTA CRUZ, Calif., Dec. 26, 2018 (GLOBE NEWSWIRE) -- Plantronics, Inc. (NYSE:PLT), a market leader in the global headsets, voice, and video endpoint market, today announced that Polycom Inc. has entered into a settlement with the United States Securities and Exchange Commission (the “SEC”) with r…

Best Noise-Canceling Headphones (2018): Bose, Sony, Plantronics, and More

These over-ears and earbuds will add some silence and serenity to your day.
Show more
Report incorrect company information

Plantronics Blogs

Plantronics Announces Third Quarter Fiscal Year 2019 Financial Results

Dateline City: Santa Cruz, Calif. Contacts Shannon Shamoon, (831) 201-9142PR ManagerShannon.Shamoon@plantronics.com Mike Iburg Vice Preside…

Don’t Box Yourself Into the Huddle Room

Huddle rooms are exploding in popularity, and for good reason. Workers everywhere have cried foul over the horrors of the open office. Now, studies have backed up the desperate cries of open-office workers forced to listen to their neighbor’s most recent Game of Thrones theories while smelling their…

PLANTRONICS AIMS TO UPGRADE HUDDLE ROOMS TO BUSINESS CLASS WITH POLYCOM STUDIO

Dateline City: SANTA CRUZ, Calif. Multimedia UC leader introduces plug-and-play solution to transform small meeting rooms into true cente…

PLANTRONICS LAUNCHES NEW CALISTO PORTABLE USB SPEAKERPHONES TO MAKE CONFERENCE CALLS EASY FOR MOBILE AND REMOTE WORKERS

Dateline City: SANTA CRUZ, Calif. Multimedia Calisto 3200 and Calisto 5200 Enhance Conference Call Options for Workers On-the-Go …

2019 Prediction – The New Focus on Human Experience

In 2019, I predict the UC industry will shift its focus away from innovation targeting “the workplace of the future” and move toward creating solutions for the “next generation human experience.” What do I mean by that? As millennials and GenY workers increasingly become senior leaders in business, …

PLANTRONICS CLOUD SOLUTIONS FINISH STRONG IN 2018 FOR CUSTOMERS AND PARTNERS

Dateline City: SANTA CRUZ, Calif. Company Releases Updated Version of Plantronics Manager Pro and Announces Momentum of Polycom Device Management Services with Service Providers …
Show more

Plantronics Company Life and Culture

Report incorrect company information

Plantronics Frequently Asked Questions

  • When was Plantronics founded?

    Plantronics was founded in 1961.

  • Who are Plantronics key executives?

    Plantronics's key executives are Joe Burton, Alejandro Bustamante and Marilyn Mersereau.

  • How many employees does Plantronics have?

    Plantronics has 4,003 employees.

  • What is Plantronics revenue?

    Latest Plantronics annual revenue is $856.9 m.

  • What is Plantronics revenue per employee?

    Latest Plantronics revenue per employee is $214.1 k.

  • Who are Plantronics competitors?

    Competitors of Plantronics include Samsung Electronics, LG and Bose.

  • Where is Plantronics headquarters?

    Plantronics headquarters is located at 345 Encinal Street, Santa Cruz.

  • Where are Plantronics offices?

    Plantronics has an office in Santa Cruz.

  • How many offices does Plantronics have?

    Plantronics has 1 office.